LTC cash coupons LTC cash coupons

3 years ago

Can I claim tax exemption using LTC cash coupons as I bought a car in November 2020 even if I didn't declare LTA during salary structure declaration.(My company allows us LTA only if employee declares LTA during salary structure declaration(April and October))

Kishan Dutt Kalaskar

Responded 3 years ago

View All Answers
A.Dear Sir,
You may approach any tax practitioner.

Rate me Five Star*
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Ayantika Mondal @ Prime Legal

Responded 3 years ago

A.Hi,
No, this amounts to misrepresentation and will be unlawful.
If you found this helpful, please rate us.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Anik

Responded 3 years ago

View All Answers
A.Hi,
No, you cannot do so.
If you found this helpful, please rate us.
Helpful
Helpful
Share

Post Your Matter Post Your Matter

Talk to a Lawyer Talk to a Lawyer

Ask a question Ask a question

Vidhi Samaadhaan Vidhi Samaadhaan

Read Related Answers

question iconCLARIFICATION ON OFF MARKET
Dear Sir, You may contact concerned expert who is dealing in purchase and selling of shares so that you can get effective legal advise.
question iconExemption related to Batch Reunion Contributions
Dear Client, From the nature of transactions in your bank account, a personal statement of accounts of Income and Expenditures may be required to show the details of financial transactions made in the...
question iconIT returns
Dear Client, An unintentional mistake in the IT Return may be rectified by filing a revised return. For better clarification and steps, you need to visit a Chartered Accountant or an I T Consultant t...
question iconTax notice
Dear client, A show cause notice against a deceased person is not legal as per Section 148 of the Income Tax act. Section 148 of the Income Tax Act, 1961 deals with the issuance of notice wherein an...
question iconUpdated itr3 under sec 139 8a how to show already refunded amt
Dear Client Since your situation has been complicated due to mistakes at your end and you have also received the refund hence it is suggested that you write a letter to the IT department and seek th...